The "Education Reconciliation Act" that Congressman Jim Clyburn Helped Write and President Obama signed into law in March 2010.
Making Education Affordable
*Increases Pell Grant Scholarships to $5,550 in 2010 up to $5,975 by 2017.
*Makes Student Loans Easier to Pay Off.
Helping Students Stay in School
*Boosts funding for Community and Technical Colleges and invests $75 million in South Carolina's Historically Black Colleges and Universities.
Investing in Community Colleges
*Invests $2 billion in a competitive grant program for community colleges to develop and improve educational or career training programs.
Saves Students, Parents, and Taxpayers' Money
*Takes the middleman out of the student loan program and lowers students monthly payments and terms.